NYCM offers New York's most affordable coverage, with monthly rates starting at $25 for minimum coverage and $58 for full coverage. Drivers save $52 monthly (55%) below state averages. Get quotes from Progressive, Kemper, American Family and GEICO too.
Cheapest Car Insurance in New York
Updated: August 13, 2025
Advertising & Editorial Disclosure
Key Takeaways
The cheapest car insurance companies in New York for most drivers are NYCM Insurance, Progressive and Kemper, offering average savings of up to 55%
Car insurance costs can be as low as $13 for minimum coverage and $29 for full coverage policies on average in New York
To get the cheapest car insurance in New York, research average costs and top companies, take advantage of discounts and compare multiple provider quotes
Who Has the Cheapest Car Insurance in New York?
| NYCM Insurance | $25 | $58 | -55% |
| Progressive | $34 | $64 | -48% |
| Kemper | $34 | $69 | -45% |
| American Family | $43 | $85 | -32% |
| Geico | $43 | $88 | -30% |
*These rates are for a 40-year-old with good credit, a clean driving record and a 2012 Toyota Camry across all ZIP codes in the state.
LEARN MORE ABOUT THE BEST CHEAP CAR INSURANCE IN NEW YORK
We've created additional guides below to help you in your search for the best and cheapest car insurance in New York:
Best Car Insurance Rates by Category in New York
NYCM offers the cheapest rates in six out of our 10 driver categories, while Progressive wins two categories and Erie and GEICO each win one category. Find your specific rates in the table:
| Young Drivers | NYCM Insurance | $39 |
| Adult Drivers | NYCM Insurance | $25 |
| Senior Drivers | NYCM Insurance | $38 |
| Drivers With An Accident | NYCM Insurance | $25 |
| Drivers With A DUI | Progressive | $36 |
| Drivers With A Speeding Ticket | Progressive | $35 |
| Drivers With Bad Credit | Erie Insurance | $55 |
| Drivers With Low Income | NYCM Insurance | $30 |
| Drivers With Newer Cars | Geico | $30 |
| Drivers With Old Cars | NYCM Insurance | $18 |
*Rates for the categories above are based on a profile of a 40-year-old with good credit, a clean driving record and a 2012 Toyota Camry across all ZIP codes in the state. Young drivers refer to 16 to 25-year-olds, adults 26 to 64-year-olds and seniors 65+ years of age.
Compare the Cheapest Car Insurance in New York for You
The tables above show overall winners, but your cheapest option depends on your situation. Adult drivers with poor credit and an accident record who want 100/300/100 coverage save most with NYCM. Filter the table to match your profile:
Data filtered by:Results filtered by:
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Age Group:Adult Drivers
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Gender:Female
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Coverage Level:100/300/100 Full Cov. w/$1,000 Ded.
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Credit Alignment:Below Fair
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Driving Record:At Fault Accident ($1000-$1999 Prop Dmg)
| NYCM Insurance | $99 | $1,187 | -44% |
| Travelers | $136 | $1,631 | -23% |
| Geico | $140 | $1,683 | -21% |
| Progressive | $172 | $2,062 | -3% |
| Mercury Insurance | $181 | $2,168 | 2% |
*Young drivers refer to 16 to 25-year-olds, adults 26 to 64-year-olds and seniors 65+ years of age.
Cheapest Car Insurance in New York by City
Where you live in New York affects your rates based on local crime, accidents and traffic density. NYCM charges as little as $13 in Beaver Dams but Kemper costs $71 in Brooklyn. Here are the cheapest providers for every New York city:
Data filtered by:Results filtered by:
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City:Accord
| Accord | NYCM Insurance | $19 | -58% |
*The lowest rate referenced is for a minimum coverage policy for a 40-year-old with good credit and no driving violations.
How to Get the Cheapest Car Insurance in New York
Finding the cheapest provider is just one piece of the puzzle when looking for coverage in New York. Here are proven ways to save the most on auto insurance:
- 1
Compare Multiple Insurance Providers
Get quotes from several insurance companies to find the best rates. Contact providers directly, work with independent agents or use comparison websites to explore your options. Rates can vary significantly between companies for the same coverage.
- 2
Determine Your Coverage Needs
Know what coverage you need before shopping to avoid paying for unnecessary add-ons while ensuring proper financial protection. Consider your vehicle's value, your assets and your state's minimum requirements when choosing coverage levels.
- 3
Consider Lower Coverage Amounts
If cost is a major concern, you can lower your coverage amounts to reduce premiums. Just make sure you can handle the financial risk based on your savings, driving habits and where you live.
- 4
Research Costs and Discounts
Look into average auto insurance costs for drivers like you to understand typical pricing. Check for discounts and consider bundling home and auto insurance to save money. Many insurers offer multiple ways to lower your premium.
- 5
Look Into Alternative Insurance Options
Consider pay-per-mile car insurance if you don't drive much. Usage-based insurance programs track your driving habits and can lower rates for safe drivers. Some car manufacturers also offer their own insurance programs with competitive rates.
- 6
Work on Your Risk Profile
Maintain good credit and practice safe driving habits to qualify for lower rates. Insurance companies view drivers with better credit scores and clean driving records as lower risks.
- 7
Choose a Cost-Effective Vehicle
If you're buying a car, pick a cheaper car to insure to keep your premiums low. Older vehicles with good safety ratings and reasonable repair costs typically cost less to insure.
Risks of Getting the Cheapest Car Insurance in New York
New York requires drivers to carry liability insurance with minimum coverage of 25/50/10. This means you need $25,000 for injuries to one person, $50,000 total for injuries in one accident and $10,000 for property damage coverage. New York also requires $50,000 in personal injury protection (PIP) and uninsured motorist coverage. But minimum coverage leaves you exposed to major financial risks:
Vehicle damage if you're at fault won't be covered
Without collision coverage, you'll pay all repair costs if you cause an accident. In New York, average property damage claims hit $4,800, according to the Insurance Information Institute. That money comes straight from your pocket with minimum coverage. Add collision coverage to protect against expensive repairs.
Weather risks make damage to your car more likely and aren't covered
New York gets hit with severe weather that damages cars regularly. Severe storms caused billions in property damage in 2023. Basic coverage won't pay for weather damage. Add comprehensive coverage to protect against floods, storms and fallen trees that frequently hit New York.
Bodily injury damage is more likely to be higher than the minimum limits
New York's minimum bodily injury coverage of $25,000 per person often isn't enough for serious accidents. Average bodily injury claims in New York reached $25,000. With rising medical costs, consider increasing coverage to 50/100/50 for better financial protection against lawsuits.
Not having uninsured motorist coverage opens you up to unexpected costs
New York has a serious uninsured driver problem, according to the Insurance Information Institute. If an uninsured driver hits you, you'll face steep out-of-pocket costs without uninsured motorist coverage. Legal action against uninsured drivers rarely recovers damages. Add uninsured motorist coverage to protect yourself financially in these situations.
Vehicle theft damage is more likely and uncovered
Car theft is a real problem in New York, according to the National Insurance Crime Bureau. Without comprehensive coverage, you get nothing if your car's stolen or damaged during a theft. The average stolen car claim tops $9,000, so adding comprehensive coverage is worth it in high-risk areas.
Cheap Car Insurance in New York: Bottom Line
NYCM offers the lowest car insurance rates in New York for most drivers and coverage types, according to our analysis. While the cheapest option is tempting, don't make price your only factor. Get as much coverage as you can afford to protect your finances when accidents happen.
Cheap Car Insurance in New York: FAQ
Below, we answer common questions about finding affordable car insurance coverage in New York.
What are the cheapest car insurance companies in New York?
NYCM provides the most affordable car insurance in New York, with average annual rates of $301 for minimum coverage and $701 for full coverage. Progressive, American Family, GEICO and Kemper also offer competitive rates.
Who has the cheapest car insurance rates for young drivers in New York?
NYCM provides the most affordable rates for young drivers in New York, with monthly premiums starting at $39 for minimum coverage.
Who offers the cheapest car insurance rates for seniors in New York?
Senior drivers in New York can find the most competitive rates with NYCM, offering policies for those 65 and older at an average of $38 per month for minimum coverage.
Who has the cheapest car insurance in New York for bad credit?
Erie provides the most affordable rates for bad-credit drivers in New York, with monthly premiums averaging $55 for minimum coverage and $146 for full coverage.
Who has the cheapest car insurance in New York with an accident?
NYCM offers the most affordable car insurance rates for New York drivers with an accident history, starting at $25 per month for minimum coverage.
Who has the cheapest car insurance in New York with a DUI?
Progressive provides the cheapest car insurance after a DUI in New York, with rates of $36 monthly for minimum coverage and $67 monthly for full coverage.
Who has the cheapest car insurance in New York for those with a speeding ticket?
New York drivers with a speeding ticket can find the lowest insurance rates with Progressive, charging $35 monthly for minimum coverage and $66 for full coverage.
Should you buy the cheapest car insurance in New York?
Buying the cheapest insurance saves money upfront, but you need enough coverage to protect against major losses. NYCM balances low prices with solid coverage options in New York.
How We Found the Most Affordable Car Insurance in New York
MoneyGeek collected auto insurance data from the New York Department of Insurance and Quadrant Information Services. We analyzed quotes from 12 major insurers and reviewed more than 200 million rate comparisons across every residential ZIP code in New York.
New York Driver Profile
Our analysis started with a standard driver profile to find the cheapest rates:
- 40-year-old male
- 2012 Toyota Camry LE
- Clean driving record
- 12,000 miles driven annually
- Good credit
- Valid license
- Currently insured
- No claims history
We adjusted this sample profile, as specified, to find the cheapest option for various driver backgrounds.
Standard Coverage Levels in New York
We compared car insurance companies in New York that offer minimum and full coverage policies. We set the limits of the minimum coverage car insurance policy to the minimum amount required by law in New York.
The minimum coverage liability limits in New York are:
- $25,000 per person for bodily injury
- $50,000 per accident for bodily injury
- $10,000 per accident for property damage
- $50,000 per person for personal injury protection (PIP)
- $25,000 per person for uninsured motorist coverage
For full coverage policy rates, we used the following liability limits:
- $100,000 for bodily injury liability per person
- $300,000 for bodily injury liability per accident
- $100,000 for property damage liability
- Comprehensive and collision coverage with a $1,000 deductible
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.
sources
- Insurance Information Institute . "Facts + Statistics: Auto Insurance ." Accessed August 26, 2025.
- Insurance Information Institute . "Facts + Statistics: Uninsured Motorists ." Accessed August 26, 2025.
- National Centers for Environmental Information . "Climate at a Glance ." Accessed August 26, 2025.
- National Insurance Crime Bureau . "Vehicle Thefts Surge Nationwide in 2023 ." Accessed August 26, 2025.